Tilaknagar Industries rises on planning to acquire Imperial Blue Business Division from Pernod Ricard India
Tilaknagar Industries is currently trading at Rs. 477.95, up by 4.90 points or 1.04% from its previous closing of Rs. 473.05 on the BSE.
The scrip opened at Rs. 480.65 and has touched a high and low of Rs. 496.95 and Rs. 473.25 respectively. So far 389605 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 496.95 on 24-Jul-2025 and a 52 week low of Rs. 205.00 on 07-Apr-2025.
Last one week high and low of the scrip stood at Rs. 496.95 and Rs. 389.00 respectively. The current market cap of the company is Rs. 9282.71 crore.
The promoters holding in the company stood at 40.00%, while Institutions and Non-Institutions held 16.58% and 43.42% respectively.
Tilaknagar Industries (TI) has entered into a definitive agreement to acquire Imperial Blue business division (IB) from Pernod Ricard India via slump sale, for a lump sum consideration, basis enterprise value of 412.6 million euro (which translates to around Rs 4,150 crore as on date), subject to the adjustments in accordance with the terms and conditions set out in the Business Transfer Agreement. The consideration includes deferred payment of 28 million euro (Rs 282 crore as on date), to be paid four years after the date of closure of the transaction.
The proposed transaction includes acquisition of the IB, with 22.4 million 9-litre cases sold in the year ended March 2025 across India and other markets, including two owned units and services from co-manufacturing bottlers across India. Imperial Blue is the third largest whisky brand in India by volume, with over 25 years of brand heritage. The underlying business had reported revenue of Rs 3,067 crore for the year ended March 2025.
This landmark acquisition, largest in Indian alcoholic beverages space by an Indian company, fast-tracks TI’s foray into whisky segment, the largest IMFL category in India. It also significantly expands TI’s distribution reach, reinforcing its evolution into a truly pan India player having strong scale across both brandy and whisky with a combined volume of 34 million 9-litre cases for the year ended March 2025.
Tilaknagar Industries is a leading manufacturer of liquor across the major categories - Whisky, Brandy, Rum, Vodka and Gin. The company has a leading market position in the southern and western parts of India.
